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IRS Allocates $2.7 Million in Unused LIHTCs to 31 States

Monday, October 28, 2019 - 11:15AM

The Internal Revenue Service today published Revenue Procedure 2019-41, announcing the amounts of unused low-income housing tax credit (LIHTC) carryover from the national pool allocated to qualified states for calendar year 2019. Thirty-one states will receive carryover LIHTCs totaling $2.7 million, with allocations ranging from $6,464 for Vermont to $408,227 for California.

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